MUMBAI: The rupee rose to a fresh one-year peak on Thursday, helped by the dollar's weakness against other currencies and investors would watch the stock market for fund flow direction.
* At 9:13 a.m., the partially convertible rupee was at 46.36/37 per dollar, above Wednesday's close of 46.66/67 per dollar.
* The rupee is up 12.6 percent from its record low of 52.2 in early March, and is up 4.4 percent in 2009. Foreigners have been net buyers of $12.7 billion of stocks so far this year, almost reversing net outflows of more than $13 billion in 2008.
* Indian companies have raised $15 billion in share sales in 2009, mostly since the middle of the year, as the share market has surged by about three-quarters.
* At 0344 GMT, Nifty India stock futures in Singapore were up 0.6 percent. Most Asian stock markets were up slightly. One-month offshore non-deliverable forward contracts for the rupee were at 46.53/63, stronger than the onshore spot close.
* The U.S. dollar was again on the defensive on Thursday as investors sought higher-yielding currencies amid expectations about a global recovery. U.S. crude futures were up above the $70 per dollar mark.